Samil Accounting Corporation Launches Audit Quality Advisory Committee... "Enhancing Audit Quality"

[Asia Economy Reporter Park Jihwan] Samil Accounting Corporation announced on the 8th that it has launched the ‘Audit Quality Advisory Committee,’ composed of internal and external experts, to enhance the quality of its audit services, and held an appointment ceremony for the first-term advisory committee members.

The chairperson of the Audit Quality Advisory Committee will be Hong Kisoo, Head of the Quality Management Office at Samil Accounting Corporation. Internal advisory members include Kim Sangwon, a senior advisor who previously served as Director of the Accounting System at the Financial Supervisory Service, and Song Yoongeun, a standing advisor who has held positions such as Director of Information Management and Director of Audit Request Structure at the Board of Audit and Inspection.

External advisory members appointed are Park Heechun, an advisor at the law firm Bae, Kim & Lee who formerly served as an accounting expert committee member at the Financial Supervisory Service, and Professor Bae Suil of the Graduate School of Business at Sungkyunkwan University.

Oh Giwon, Head of the Audit Division at Samil Accounting Corporation, stated, "Until now, Samil has made great efforts through the practitioners in the Quality Management Office and the accountants performing audit tasks to improve audit quality. If the insights, new perspectives, and advice of experts are added to the efforts of the field, substantial improvements in audit quality that meet the expectations of companies, investors, and various stakeholders will be achieved."

The Audit Quality Advisory Committee will receive reports on Samil’s independent efforts and activities to improve audit quality through regular meetings and provide review opinions. It also plans to continue proposals and related discussions to enhance audit quality.

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